Industry Act 1972 (Assistance Criteria)

asked the Secretary of State for Industry in what specific respects the criteria for assistance under Section 8 of the Industry Act 1972 are being relaxed in order to promote new industry, or modernise existing industry, in areas of high unemployment which do not fall within assisted area boundaries.

Part III of the Criteria for Assistance to Industry—Appendix A of the 1975–76 Report on the Industry Act 1972—indicates that proposals consistent with the statutory provisions of Section 8 assistance will be assessed taking full account of social costs and benefits, including employment considerations.